Eni S.p.A. (NYSE:E) Short Interest Update

Eni S.p.A. (NYSE:E) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 808,200 shares, a growth of 5.1% from the November 30th total of 769,300 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 284,300 shares, the short-interest ratio is presently 2.8 days.

Analyst Ratings Changes

A number of equities analysts recently issued reports on E shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a research report on Tuesday, October 15th. StockNews.com raised shares of ENI from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Sanford C. Bernstein downgraded ENI from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. Finally, BNP Paribas raised ENI from an “underperform” rating to a “neutral” rating in a report on Friday, September 13th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $39.60.

Hedge Funds Weigh In On ENI

Large investors have recently modified their holdings of the stock. Natixis Advisors LLC boosted its holdings in ENI by 12.8% in the third quarter. Natixis Advisors LLC now owns 2,546,312 shares of the oil and gas exploration company’s stock valued at $77,179,000 after acquiring an additional 288,968 shares during the last quarter. FMR LLC boosted its stake in shares of ENI by 33.5% in the 3rd quarter. FMR LLC now owns 583,677 shares of the oil and gas exploration company’s stock valued at $17,691,000 after purchasing an additional 146,431 shares during the last quarter. Raymond James & Associates grew its position in shares of ENI by 0.7% during the 3rd quarter. Raymond James & Associates now owns 503,920 shares of the oil and gas exploration company’s stock worth $15,274,000 after buying an additional 3,738 shares during the period. American Century Companies Inc. raised its stake in shares of ENI by 7.3% during the second quarter. American Century Companies Inc. now owns 333,308 shares of the oil and gas exploration company’s stock worth $10,263,000 after buying an additional 22,695 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in ENI in the second quarter valued at approximately $6,875,000. 1.18% of the stock is currently owned by institutional investors and hedge funds.

ENI Stock Up 0.6 %

Shares of E opened at $27.53 on Friday. The company has a market capitalization of $46.47 billion, a P/E ratio of 16.49, a PEG ratio of 1.68 and a beta of 0.93. ENI has a one year low of $26.12 and a one year high of $34.21. The business’s 50 day simple moving average is $28.53 and its 200-day simple moving average is $30.25. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07.

About ENI

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.